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Definition of "trustee" []

  • Law One, such as a bank, that holds legal title to property in order to administer it for a beneficiary. (noun)
  • A member of a board elected or appointed to direct the funds and policy of an institution. (noun)
  • A country responsible for supervising a trust territory. See Usage Note at -ee1. (noun)
  • To place (property) in the care of a trustee. (verb-transitive)
  • To function or serve as a trustee. (verb-intransitive)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "trustee" in a sentence
  • "In Mexico, the trustee is always a financial institution, and it holds title to the property."
  • "But some interviewed expressed concern that a younger patron may lack familiarity with an organization's priorities, which could turn problematic given that a trustee is often vested with executive-hiring approval, financial responsibilities and, in the case of museums, the acquisition of artwork."
  • "BNY Mellon, the bond trustee, is charged with administering the securitizations, or bond trusts, for the benefit of investors."
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